The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
WARREN BUFFETTIt’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
More Warren Buffett Quotes
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The most important quality for an investor is temperament, not intellect.
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When you combine ignorance and leverage, you get some pretty interesting results.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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Remember that the stock market is a manic depressive.
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I learned to go into business only with people whom I like, trust, and admire.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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Never ask a barber if you need a haircut.
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The key to success is emotional stability.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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Our favorite holding period is forever.
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Diversification may preserve wealth, but concentration builds wealth.
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Other guys read Playboy. I read annual reports.
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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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